16, SELVAGE LANE, LONDON, NW7 3SP - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 SELVAGE LANE is a small detached house of 122m², built sometime between 1930 and 1949. It was last sold for £165,000 in July 1997, which was around 44% below the average July 1997 detached price in the Barnet local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

16 SELVAGE LANE Sold Prices

Land registry data shows two sales for 16 SELVAGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barnet local authority area for the corresponding sale date. Both of the two 16 SELVAGE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 18 JUL	£165,000	£293,246	44% below HPI
1997 31 JAN	£110,000	£261,780	58% below HPI

16 SELVAGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barnet local authority area over time, sourced from the HPI. The two 16 SELVAGE LANE sales from January 1997 and July 1997 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1997 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 1997 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 16 SELVAGE LANE be worth now?

16 SELVAGE LANE might now be worth an estimated £876,422.

This is based on house price inflation of 431.2%, between July 1997 and December 2024, for detached houses, in the Barnet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 431.2% inflationary increase is applied to the most recent sale price for 16 SELVAGE LANE of £165,000 on 18th July 1997. For the value to have increased from £165,000 to £876,422 over the 26 years and seven months to December 2024, the following assumptions must hold true:

• The value of 16 SELVAGE LANE has moved in line with the HPI for detached houses in the Barnet local authority area.
• The July 1997 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SELVAGE LANE has not materially changed since July 1997.

How Large is 16 SELVAGE LANE?

16 SELVAGE LANE is 122m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses houses in Edgware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgware, and where 16 SELVAGE LANE lies on this distribution: 22% of detached houses houses are smaller than 16 SELVAGE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Edgware.

16 SELVAGE LANE: Plot and Title Map

16 SELVAGE LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 16 SELVAGE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 SELVAGE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 SELVAGE LANE?

16 SELVAGE LANE is located in LONDON, in the NW7 postcode district. The below map shows the position of No. 16 on SELVAGE LANE.